SoftBank signs fat cheque for e-grocer Grofers; Tiger Global keeps piling into B2B

Vijayakumar Pitchiah

The third week of May saw muted funding activity, with the total investment value falling by almost a third from a week earlier. Nearly ....

17 May, 2019

SoftBank leads $200 mn round in e-grocer Grofers

Vijayakumar Pitchiah

Online grocer Grofers India Pvt. Ltd has raised more than $200 million (Rs 1,406 crore at current exchange rate) in a funding ....

15 May, 2019
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BigBasket to deepen growth in existing cities with fresh $150-mn fundraise

Binu Paul

Online grocer BigBasket has confirmed that it has raised $150 million (about Rs 1,040 crore) in a fresh funding round led by South ....

6 May, 2019

From groceries to e-tailing, hyperlocal delivery startups back in the limelight

Kavya Kothiyal

Last month, food-tech unicorn Swiggy started offering home delivery of groceries and other daily essentials. And last week, Reliance ....

6 March, 2019

SoftBank leads $60 mn follow-on round in online grocery startup Grofers

Kavya Kothiyal

Online grocery startup Grofers India Pvt. Ltd has raised $60 million (Rs 425.4 crore at current exchange rate) in a follow-on ....

28 February, 2019

Grofers narrows loss as net sales double in FY18

Kavya Kothiyal

Gurugram-based online grocery startup Grofers India Pvt. Ltd pared its losses but saw its net sales or operating revenue surge ....

22 February, 2019
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Swiggy gives BigBasket, Grofers food for thought with new hyperlocal service

Kavya Kothiyal

Food-tech unicorn Swiggy is diversifying its operations with the launch of a new hyperlocal service that will offer home delivery ....

12 February, 2019

ITC pilots FMCG e-commerce store in major metros

Payal Ganguly

Indian fast-moving consumer goods major ITC has announced that it is piloting its e-commerce venture, itcstore.in, in Delhi-NCR, ....

11 February, 2019

Online grocers, food delivery startups face stricter norms

Binu Paul

The Food Safety and Standards Authority of India (FSSAI) has issued revised guidelines tightening scrutiny of e-commerce food ....

28 December, 2018

Baxi pivots to hyperlocal delivery as bike taxi biz turns unviable

Binu Paul

Gurugram-based startup Baxi has pivoted from employing full-time bike taxi riders to hyperlocal delivery of milk and other daily ....

26 December, 2018
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Micro-delivery grocery startup Milkbasket doubles Series A funding round

Vijayakumar Pitchiah

Gurugram-based micro-delivery grocery startup Milkbasket has raised $7 million (Rs 49 crore) in an extended Series A round led ....

19 December, 2018

Exclusive: Micro-delivery grocery firm Milkbasket raises fresh funds from Mayfield

Vijayakumar Pitchiah

Gurugram-based micro-delivery grocery service Milkbasket has raised closed to Rs 10 crore ($1.37 million at current exchange rates) ....

12 November, 2018

Why businesses need not break a sweat about Google Play Store's policy changes

Anirban Ghoshal

Last week, tech giant Google decided to shutter social network Google+ after disclosing a bug that may have exposed the data of ....

17 October, 2018

Online-to-offline grocery firm Avenue11 strikes ad-for-equity deal with Brand Capital

Binu Paul

Online-to-offline grocery platform Avenue11, based in Bengaluru, has raised Rs 26 crore ($3.6 million) from Brand Capital, the ....

19 September, 2018

BigBasket, Grofers revive merger talks: Report

Kavya Kothiyal

Online grocer BigBasket could acquire smaller rival Grofers as part a transaction where investors of the two companies would commit ....

17 September, 2018

SoftBank steps up search for India head, engages headhunting firm

Binu Paul

Japanese telecom and Internet conglomerate SoftBank Group Corp is aggressively on the lookout for a suitable candidate to lead ....

4 September, 2018

AI, analytics and a bit of common sense are fuelling BigBasket’s efficiency drive

Anand J

BigBasket, the country’s best-funded online grocery startup, maintains 10 days worth of inventory. The industry average ....

29 August, 2018

With an eye on Flipkart, Amazon rebrands and expands hyperlocal grocery service

Anand J

Amazon India has rebranded its hyperlocal grocery delivery service as Prime Now as part of a revamp that will include two-hour ....

30 May, 2018

Online grocery store BigBasket’s combined net loss widens for FY17

Shweta Sharma

Alibaba-backed online food and grocery store BigBasket posted an increase in its combined net loss for front-end and back-end ....

30 May, 2018

Grofers lost Rs 20 for each rupee it made in FY17 revenue

Dearton Thomas Hector

Gurgaon-based online grocery firm Grofers India Pvt. Ltd saw its net sales jump 65% and its losses widen year-on-year for the ....

3 April, 2018

Amazon starts food retail venture with pilot in Pune: Report

Binu Paul

E-commerce firm Amazon India is quietly rolling out its ambitious food retail venture in India, starting out with Pune, according ....

19 February, 2018